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" Trade"

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Sports - Omni sports
1/23/2024 6:24:41 PM
Kyle Lowry is being traded by the Miami Heat to the Charlotte Hornets for Terry Rozier in a swap of point guards, a person with knowledge of the agreement told The Associated Press on Tuesday.

World - Africa
1/23/2024 2:00:11 PM
Rwandan authorities accused Burundi's leader of making “incendiary allegations aimed at inciting division among Rwandans,” raising tensions that persist after Burundi closed all border crossings with Rwanda earlier this month.

Business - Economy
1/22/2024 2:40:20 PM
Egypt may devalue the Egyptian pound to bridge the gap with its traded rate in the parallel market, said Fakhry El-Fiqi, head of the Planning and Budget Committee in the House of Representatives.

Business - Economy
1/17/2024 2:10:40 PM
The World Trade Organization's chief Ngozi Okonjo-Iweala on Wednesday said she was "less optimistic" about world trade in 2024, pointing to tensions in the Red Sea.

Egypt - Society
1/17/2024 11:39:50 AM
In response to parliamentary requests to auction the prices of raw materials supplied to the ministry such as sugarcane, Minister of Supply and Internal Trade Ali Moselhi cautioned that this would further raise commodity prices.

War on Gaza - War on Gaza
1/16/2024 2:33:30 PM
Liquefied natural gas shipments will be affected by tensions in the Red Sea, Qatar's prime minister said on Tuesday, warning that US and UK military strikes on Yemen risk aggravating the crisis.

Business - Economy
1/16/2024 2:14:55 PM
Africa Finance Corporation (AFC) and International Islamic Trade Finance Corporation (ITFC) are set to extend a $250 million Sharia-compliant trade loan to Egypt, providing a vital shot in the arm for the country's economic resilience.

Business - Energy
1/15/2024 8:40:11 PM
The world's second largest liquid natural gas (LNG) exporter QatarEnergy suspended LNG shipments via the Red Sea pending “security advice” due to the ongoing escalation in the Red Sea, posing a new challenge to Egypt’s Suez Canal given its close connection to the crucial international trade route.

Business - Economy
1/15/2024 6:01:43 PM
The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian Sugar and Integrated Industries Company (ESIIC) affiliated with the Ministry of Supply and Internal Trade, said on Sunday.

War on Gaza - War on Gaza
1/11/2024 7:45:30 PM
A spate of attacks by Yemeni rebels on Red Sea shipping has disrupted the vital trade route, but experts say stopping them appears difficult at best -- and risky at worst.

Business - Economy
1/10/2024 5:04:48 PM
Egypt's Minister of Trade and Industry Ahmed Samir held a meeting with his Bahraini counterpart Abdullah bin Adel Fakhro to discuss bolstering economic relations on the sidelines of the fourth meeting of the higher committee for Integrated Industrial Partnership for Sustainable Economic Development.

Al-Ahram Weekly - World
1/9/2024 8:18:13 PM
The Houthis attacking Israel-bound ships in the Red Sea has created a dent in global trade that poses risks of inflation, reports Ahmed Mustafa

Business - Economy
1/9/2024 5:40:14 PM
Pakistan seeks to increase trade exchange with Egypt by tenfold in the coming few years, said Gohar Ejaz, Pakistani Federal Minister for Industries and Commerce.

Business - Economy
1/9/2024 5:00:32 PM
The Egyptian government launched in January a comprehensive eight-direction economic strategy for the period 2024-2030, the document of which tackles several aspects of economy and quality of life.

Business - Economy
1/7/2024 7:37:30 PM
Egypt’s non-oil trade deficit dropped 26.29 percent year-on-year (YoY) to $6.63 billion in the third quarter of 2023 from $8.99 billion in the same quarter a year earlier, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
1/7/2024 6:52:01 PM
Egypt’s Suez Canal revenues jumped by around 19.4 percent to $2.4 billion in the third quarter of 2023 (July-September) compared to $2 billion in the corresponding quarter in 2022, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
1/7/2024 6:51:40 PM
Egypt’s wheat imports increased by over 14.5 percent to 11 million tons in 2023 compared to 9.6 million tons in 2022, Deputy Minister of Supply and Internal Trade Ibrahim Ashmawy said on Saturday.

Business - Economy
1/6/2024 7:05:33 PM
Egypt’s current account deficit decreased by 12.1 percent to $2.8 billion during the period between July and September 2023, compared to $3.2 billion a year prior, according to the data released by the Central Bank of Egypt (CBE) on Thursday.

Business - Economy
1/5/2024 1:37:36 PM
Egypt’s membership in the BRICS bloc officially came into effect in a landmark move this January, aligning itself with five other new members, heralding a wave of anticipated benefits for the country.

War on Gaza - War on Gaza
1/4/2024 9:18:40 AM
The United States called on the U.N. Security Council Wednesday to take urgent action against Yemen’s Houthi rebels for attacking ships in the key Red Sea trade route, while Russia attributes the situation it to Israel's violence in Gaza.

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